Sony's Net Doubles Despite TV-Unit Loss

By

Yukari Iwatani Kane

Updated July 27, 2007 12:01 a.m. ET

TOKYO -- Sony Corp. said it doubled its net profit for the fiscal first quarter, but a loss in its television business underscored the competitive environment it continues to face in one of its key products.

Flat-panel-television sales have been growing strongly world-wide. But that has come with steep price declines as many producers vie for a...